CE31.L vs. VWCE.DE
Compare and contrast key facts about iShares Euro Government Bond 1-3yr UCITS ETF (Acc) (CE31.L) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).
CE31.L and VWCE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CE31.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Agg Govt 1-3 Yr TR EUR. It was launched on Jun 2, 2009. VWCE.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World Index. It was launched on Jul 23, 2019. Both CE31.L and VWCE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CE31.L or VWCE.DE.
Correlation
The correlation between CE31.L and VWCE.DE is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CE31.L vs. VWCE.DE - Performance Comparison
Key characteristics
CE31.L:
0.23
VWCE.DE:
2.06
CE31.L:
0.38
VWCE.DE:
2.81
CE31.L:
1.04
VWCE.DE:
1.41
CE31.L:
0.08
VWCE.DE:
2.85
CE31.L:
0.62
VWCE.DE:
13.34
CE31.L:
1.47%
VWCE.DE:
1.72%
CE31.L:
4.01%
VWCE.DE:
11.10%
CE31.L:
-18.33%
VWCE.DE:
-33.43%
CE31.L:
-9.42%
VWCE.DE:
-0.73%
Returns By Period
In the year-to-date period, CE31.L achieves a 0.54% return, which is significantly lower than VWCE.DE's 3.47% return.
CE31.L
0.54%
0.72%
-1.52%
0.66%
-0.13%
1.36%
VWCE.DE
3.47%
1.92%
19.18%
23.56%
11.34%
N/A
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CE31.L vs. VWCE.DE - Expense Ratio Comparison
CE31.L has a 0.15% expense ratio, which is lower than VWCE.DE's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CE31.L vs. VWCE.DE — Risk-Adjusted Performance Rank
CE31.L
VWCE.DE
CE31.L vs. VWCE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 1-3yr UCITS ETF (Acc) (CE31.L) and Vanguard FTSE All-World UCITS ETF (VWCE.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CE31.L vs. VWCE.DE - Dividend Comparison
Neither CE31.L nor VWCE.DE has paid dividends to shareholders.
Drawdowns
CE31.L vs. VWCE.DE - Drawdown Comparison
The maximum CE31.L drawdown since its inception was -18.33%, smaller than the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for CE31.L and VWCE.DE. For additional features, visit the drawdowns tool.
Volatility
CE31.L vs. VWCE.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond 1-3yr UCITS ETF (Acc) (CE31.L) is 2.35%, while Vanguard FTSE All-World UCITS ETF (VWCE.DE) has a volatility of 4.21%. This indicates that CE31.L experiences smaller price fluctuations and is considered to be less risky than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.